Rns6 Aug 2025 11:58
Ill try and write this so it doesnt annoying the ones having orgasms this morning (ooooops first line and already messed it up)
Im a little disapointed , but then again before the posse jump on me im looking at it from a different angle then long term holders.
Long term holders will see the boxes ticked and see progress or what their eyes want them to read.
Considering i want out on finance sign off or if that doesnt happen I need to time before the next raise. So I look at things that still need to be ticked off , and with what needs doing I unfortunately see this going beyond september.
One bank has issued board ratification (geez there's that word again) and the other is in the process of doing so. Great so back waiting on the banks again to approve a finance package that was agreed with 9 months ago.
As someone wrote to me today its bizarre
Documentation is STILL in draft stage , ie everyone still needs to make ammendments blah blah. Blah before the final final documentation is drawn up ready to be signed.
Harry said previously we were in very strict timelines , these timelines has lapsed , how can that be given how important it was that the timelines were stuck too given some items had time limits attached to them
The cost of the ressetlement action plan being paid for is important to me , if its 50k kefis cash reserves go a much longer way, if its 5m then cash will be a issue in months.
The market in this update is quite telling , a quick quote tells me it's can get .53 for my shares , hardly the reaction harry would of hoped for on todays news.
On a more positive , I agree this project on the balance of probability is likley to happen , what the state of the share register and share price will be at when it gets there is anyone's guess , I'll put my neck on the line and say this wont re-rate on finamce closure like some expect , if i felt it did i would be buying more rather then looking for a out.
So we move on into another month , at the same time ibhave harrys famous words ringing in my ear that
"We are at a point of no return, and we will all be looking at each other in june saying we are ready to go"
AIM certainly is a learning curve